Her son is planning to move out of state for work, at which time she would like to downsize to a smaller home. 

My plan for the first syndication is to do as you said, starting with a 4-10 unit to get my feet wet and build experience.

His agreements to produce websites, venture plans, private placement memorandums, white papers and coaching give him zero liability or responsibility to honor his commitments.

It may also make it easier for your estate planning attorney to line up ownership with your estate plan, assuming a CA-estate plan if a CA resident.

Summary: 7 loans outstanding: 4 in foreclosure, 1 in default - trying to develop a plan before I begin foreclosing, 1 current, but has needed multiple payoff extensions, 1 current with no issues.

I’m planning to start by buying in Buffalo to gain experience and learn the ropes.

We are the kind of people who do not jump into anything without fully planning it out.

I dont know the delivery time on a ADU but I'd assume same with site plans and zoning. but how do you get your money out of that?

All this to say they are getting serious about permitting so if you are planning to invest in San Antonio in the short term rental space, MAKE SURE to check that the property is eligible for a short term rental permit given the density limits above and have a Realtor experienced with the San Antonio permitting requirements and rules. 

The plan is to purchase a new home & keep current as a long term rental.